HomeMy WebLinkAbout1314 32o2ss . ~
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?NIS INOfNTURE. IIA~d~ tF~ ~ ~y pf OCtOb@t A.D. 19
.7S b~twMn
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~ SL . C f ,~y p~~ ~JM~ ~b,M~~ ~y ~p~pRTGAGpR,~ and FIRST FEOERAL SAViNGS AN~ IOAN
ASSOCIATION OF fORT PIERCE, • awpaation orpaniad ~nd ~xb~tnp w~ tlw bws d tM Unit~d St~ta of M»rfu wd IMVinq iri prMKip~) Pl~o~ of
b~nima in th~ pry d Fat Pi~.a. St. luci~ Counry?. flvridb Mn1n~flM dwiYMt~d a tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is j~atly M~d~bl~d b th~ NIORTGAI3EE in IM win of = ~9 ~ OOO . 0~ ~ 9p~ ~ Iwvfvl nan~Y of th~ Unit~d
S~atq ~dv«+ad by th~ MORTGAGEE ~MO th~ MORTGAGOR, as ~vid~oc~d by a oM~in promiu«y ~ot~ oF ~wn d~q hu~with, of whkh tM fdlowirp in
word~ and fipura M a tnr~ oopy. fowNa
= 29 ~ ppp, pp 10021bd3
w~ P+..«~, ao.~d.. octob~: ~ a 4~,9 7s
For valw r~aived, 1. vw w ~ith~r of ~n, pro~miw to paY, wifhout d~f~lutton, to tlw udN of FIRST fEOERAI SAVINGS AND LO/W /1SSOCIATION OF
FORT PIERCE at foA ~iNC~, FIaMa, 1M wn+ of i Z9 a~~~ with intKNt ftam dat~ ~t tl» raN of pM i~ ~~Y
m~nh a follows: = 234 . ~O an tM 20t h~y of NQV e Rb@ i ~ 19~~ and a IUu sum oe tM corrapw~dinp d~y of ~ach mootA H~u~-
ahK until tM whol~ b~ fvly p~id.
E+ch i~aallm~et fint ahall be ppli~d in p+ym~nt of tM inta~t ~nd tMn oe th~ unp+id b~l~nce of tl» p.incip~l wm. If defwh b a~ad~ h th~
Wymem of any leaulim~nt wi+a~ dw. and weh d~fwh aontkwN 30 d~ys, th~n ~t tM optia+ of tFw hoklN. ~ns! vrithow ~ny oH+K notie~. ail tM nMaWlq
insulMn~nb sMll b~ dw_~ WYl~bl~ af onq. Privi.ipf 4 AiY~1.lo.pr~par thh noN in wholt ot.ln pat at any'tinw wiMout p~n~ity. NeNha tonb~arM~n.
.
nor acapana by th~ boWr ~ha~af•~ha aw dtEwh,b? ~^Y WY~~•.M~~. ~h~l{;b d~eo+~d ~xM~iw..; ~ I.~. ~me~r.d+.ro. d i.~~+~•11,4•
add~d to .each iratailm~n~ r«naininp uep~id 7 days ahw Ms dw d~t~. and • I'k~ wm ~11 be +dd~d ro esch sucA irotallm~rd c~pMininp ~id,7_ d+Ya atfM
~ach wcoedl~p P+Y~^~ d~t~.
Each malcK. wnh~ and ei~dw~r her~of, ~ok~tiy and s~wraily, waiws dem~nd. P?es~ntmN?t prwest and notic~ of p~ot~s1 for ranpayen~~t, ud furtMr
ipnes b any ~xfe~sion of YvM of p~ymMf, ~itMr Mfon or ~he~ m+twity. without not~u -ro any of uss +r+d to pay at~ own of ootkaion, i~xludi+p a
re~w~bl~ attorney i f~e tn tM ewnt of any daf~ult herwrwie~. ~nd ha~by severally waiv~s ~II b~mfN 6f homeit~ad and ~xempfion u~la th~ taathutbn
and laws of Nch S~at~ of th~ United S~atq~ ~s.ap+irot thfs obli~tion a? any ~xtqirion- w r~rwwal htrwf. r._
Witmss th~ Mnd ~rd s~al of ~ach p+rty. ~
~ _ ~ • f•~~'j~:
- (SEAU
~ ~ . , ,~S/ Kenneth V'athauer, ~
a single adult ~
APPRpISER$ (,~/W
r $43 .50 ) Sfah R~v«+w ~ ON11( f -
a~~~_ ~c, ~e?3y-c~/ 29 ~-oo ~ ,
NOW. THEREFORE. th~ NIORTGAGOR fw th~ P~P~ ~~^O WYT~^t of iaid w~n d i • • . and th~ pKfanwnc~ of th~
cov~n~nb and apr~ensr?n ha~ln~fta e~cpr~s+ed ~nd fw dlven Qood and valwble eoeaida•tiorN, by tlw~ pre~fi. dws q?aM, barg+~tn, s~tl, remis+
~deas~. oonv~ ~nd ca+firm unto tM Al10RTGJIGEE. tts wa~swrs and sssip%, dl th~t anain lot, pi~p or paral of I+ed. sitwt~. Ipfnp. ~nd b~in0 in
~y ~ St . L11C le , and St~» of Flaida, d~wib~d a fdbws:
Condo~inium Parcel No. 311, of CAPSTAN I, aceozding to the Oeclaration
' ~ ;
of Condo,inius thereof, secorded in Official Record Book 232, at pages
619-711 of thepublic records of St. Lucie County, Florida
SUBJBG7 to tezvs and conditions of said Declaration of Condosiniua, the
Article~ of Incosporation, By-L~?ws, and Daclasation of Covenants and
Restrictions of Oceaa Villaqe Property Owners• Association, Inc., with
which teras and conditions the sortqagor covenants to co~ly and pesfor~.
~ By ayreeaent of Mortgagoz and Mortqa9ee on filo +rith Mortgayee, tbe within
i nortgaye secures not only an Qxisting indebtedness, bnt also ADVANCES to be
~ l~R6pF?ER aade by Mortyagee to Mostgayor tbQ a99regate of which xill equal
, the principal a?~ount specifiQd in the proaissory note secured hereby.
; . . .
~ ~ STAT~ ~F FL.ORi~7~ ~
~~Z DOCUM~NTARY,~-~::~ STAnnP tnx ~ ~
~ n,
tiE~T. Of REYENUE i~'`~: i , Cu~ ~~ry.
ea + Nov-.•ts 4 3. 5 0 1 pu~r m~R »•~t. ~crs oF i9~i.
_ ~~~02+ ~ RO~f.Q P011NR ~l
CIFRI( CI{`.CUIt COtr.r. ~i: 1.J1:1E CO.: flA
to~tMr with sll and tirgvlar th~ tinenwnb.~ tiirei!'dim~nts ~~rid~ippwqnces tlweumo b~laginp w h anywiw app~rtaiNnp tlwnlo. +ed ~ r«+M,. iu~a.
prooe~ds and pofits aonvinp aod to aarw fion+ s~id pr~miws. ~II of whid~ an inclod~d in tM ~bw~ and forpoinp dNVipfion and h~b~ndun.
TO HAVE ANO TO HOID th~ ~bow dewib~d and yr~nt~d pnmiNt unto N» ssid MORTGAG~, it~ wooawrs ~nd aa3pns forwa~. Md tM s~ld
N10RTGAGOR fa h 1$ 1?~in. ~:~cutors. ~dmini~tntas ~nd atsipm. MrebY aov~nsnb with tM s~id MORTGAGEE. Hs wa~s~on and atfpnr,
rhat tia i~ I~vrfully seiud of tM said pnmife~ in fN simpl~t th~t tiK ~am~ an h~s. cbar and di~dwq~d from ~II li~nt and ~
b..nus in !aw o. a+ .qu8r. «+d ~t~•• he .~d h is h~in .h.~~ w.?r.nt .nd d~fend rh. riH. to ~h. wn. to th...w
NIORTGAGEE. its s~rtoessors and auipris, fotwe? painst th~ law(vl dain?s ~nd d~rnMdt of a~l pKSars
PROVIDED, AIWAYS thn ff tlu MORTGAGOR shdl piy umo the NIORTGAGEE tM praniuay eot~ hu+inb~fon d~wib~d ~nd thaU trvly, prompllr
~ ,od fully perform, d'ad+arq.. sx.cvr., campbt•, complr wi~h and abid. b~r tach and ~,ray the atpalar'ans, apre~nfs, oo~dirioro and oo+r~uns of wid
~ promiuwy not~ and of this Mort~pe, t1Nn tl~it Mwtyap~ ~nd rh~ Estate h~nby a~ated ~h+ll cwst and b~ rwll and void.
~ IT IS UNOERSTOOD th~t th~ wad "Mortqpa" whether in tir sinyula? or plurd anywhen in this Mortpap~, ahall be sinpvlar ff on~ a+ly ~nd
s!»II b~ plw~l ioimlp ar+d swadly ff mon than on~, a~d that tM word "tMir' a uwd ~npwlwn b this AAort~qe shall M t~k~n to m~~n "~+~n"a•o
~ w••its•• wt~ewr tM aom~~ct w lmpli~s ar admits. Abo, thit wherewr theh is a refaena M tM oovenanb and apr~~ts I~ein eoiMaMnd to ~np d o
~ tFw pvties Mreto, tM s~ns sh+ll b~ oonatrued ro m~an a vwll as Nw heirs. Mp~~ npn~m+tiw~, woc~ssors and a~sipns ~sNhN voluretary by act of ~~~o
parties or involuntM~ bY op~r~tio~ of the Isw) of th~ sam~ ~nd tl+at th~ oov~nu~b Mr~in coM~ined sFull bind and tM bawfils ~td adv~ntapa iiwa ~
~ to the rNp~ctiw h~irs. Ig~l npr~sN+tatiws, succ~ssas and ais'~ns of the partiws M~rKO. ~
~ And s~W INo.lp+pon, fw thenu.ha .ed rlrsr 1~a'as„ Ig+1 repnsent.rtvu, s~,oc.swrs .nd .sslpns, h.r.by ioM+ty «id ttv~.~lly ooven~m «d a~« ~
~ ro and with th~ wd MOR?GAGEE, ns wocawn a~d augro:
1. 7o P,r sn and s~~ar ~h. Pr~noP.l a~+d ~r.nst .nd ~h. va.ww .ed sw~d~r swns of mon.y P.yab~e by vkrw oi w~d pa,ua«y na., and thN ~
morty+p~, wch and wKy. PranptlY on tM d+ri ~ap~iwh tM urm ~wr~lly b~oaM dw.
~ 4. To p+~r ~8 ard ~inp~rlar tM taxa, awu~n~nt~, Iwi~s, li~bilnia, oblipatiom ~nd ~ncumbranus d ewry rMtw~ and klnd now on s~id dauib~d ~
a~yt,~a
tM i+d~bt~u uew~d her~by, wd~ and rwry, whM ~ pay+blt +ooad'in0 a law~b~fon tMp beooer» ~delk~qwrq~ ~
bdor~ anf? MM~t ~
stt+ches or ~ny p~n+lty It incwred: AND INSOfAR AS ANY ?HEREOF IS OF RKOR~ THE SAME SFIAII Of PRO/MPriY SAiISFlEO AND GISCti/1RGED Of ~jj
RKOR~ AMD TNE ORIGINAL OFfIC1Al DOCWMEM (SIKH AS, fOR INSTANCE; TNE TAX RECEIPT OR TME SATISfACT10N YAPER OfFICIAIIV ENDORSED
OR CERTIFIED) SFIALL SE PLACED IN THE HANDS Of SAIO MORTGAGFE WITHIIi tEN ~AYS NEXT AFTER PAYJNEtits a~d in the wNM that ~ny Nwr~of is no1
paid, sat:sfied a~d d'ixMr~sd sa:d MORTGAGfE may ~t a~y tim~ p~y tM ~arm a~ny p~rt tl~~of withovt w~ivirg or aff~etieg any option, li~n, puitp or
f«n t~
~ the.~ t I paid at~ra~t
~ n
MtM full ae~o~nt of esch and ~
her wit~h wchtintN'est th~l~Ntsecw~d by~ tM
IP
ienrabb ~~II~Dw iMMat
pn untum pt? snnum a++d p~-
. YvS F, .n...,:~y,.
.i:"~^vs 1, ~yl A~~ K
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